TORONTO, Sept 22 (Reuters) - Shares of energy and financial companies led a broad rally on Canada’s main stock index on Thursday as oil prices rose and investors digested the U.S. Federal Reserve’s more cautious approach to future rate hikes.

The Toronto Stock Exchange’s S&P/TSX composite index has rallied 1.9 percent over the past two days, although stopping short of an August peak at 14,855.69 that, if breached, would push it to its highest since June 2015.

“It’s still a follow through from yesterday’s price action for the broader markets, not just the TSX.”, said Sid Mokhtari, director, institutional equity research, CIBC World Markets.

World stock indexes advanced and the Nasdaq hit a record high while bonds rallied, a day after the Fed scaled back the number of rate increases expected in 2017 and 2018.

The Toronto Stock Exchange’s S&P/TSX composite index closed up 86.36 points, or 0.59 percent, at 14,797.18. It touched its highest since Sept 2. at 14,841.23.

Nine of the index’s 10 main groups ended higher.

Some of the country’s biggest energy producers were among the most influential gainers, with Canadian Natural Resources rising nearly 2 percent to C$40.11 and Suncor Energy Inc up 1.6 percent to C$34.96.

The overall energy group climbed 1.4 percent as oil rallied.

U.S. crude oil futures settled up 98 cents at $46.32 a barrel, boosted for a second day by U.S. government data that showed a surprisingly large drop in U.S. crude inventories.

The financials group gained 0.7 percent, led by a 3.9 percent jump in the shares of Brookfield Asset Management Inc to C$45.89. RBC raised the stock to a “top pick” designation, a trader said.